By Jann Swanson | Mortgage News Daily
Prices increases escalated again on a year-over-year basis in August according to information released on Tuesday by CoreLogic. The company’s Home Price Index (HPI) was up by 6.2 percent compared to August 2015. The July annual increase was 6.0 percent and June-to-June appreciation was 5.7 percent. Price gains from July to August nationwide were estimated at 1.1 percent for the third consecutive month.